Illinois Car Insurance: Premiums Decrease 4% from 2003-2004

By Insurance.com Posted : 01/24/2008

Let's face it. Auto insurance in Illinois can be expensive and it seems from year to year that it's only getting worse. But where you live can dramatically affect your auto insurance rate - and not only by the state you live in, but where you live within that state too. In fact, Illinois residents are actually seeing their auto insurance premiums fall.

Our "2004 Auto Insurance Pricing Report" below shows the average change in auto insurance premium quotes on a state-by-state basis. According to the report, consumers in Illinois were paying an average of $2,093 annual auto insurance premium, a 4% decrease over the previous year. The average U.S. household is paying $2,343 for auto insurance a year - a 6% increase over the average annual premium quote from last year.

If you're trying to save money on auto insurance like most consumers are, but you're not exactly willing to move to Springfield, Illinois to do so, remember that the easiest way to save is to shop around. It's extremely important to compare rates from multiple companies because rates can vary by hundreds or more from one company to another - for the exact same coverage.

2004 Auto Insurance Pricing Report*

Top ten states with the largest percentage decrease:

State

2003

2004

% Difference

Dollar Change

NH

$2,589.63

$2,228.85

-13.9%

$(360.78)

NC

$1,349.66

$1,222.22

-9.4%

$(127.43)

RI

$3,036.70

$2,810.74

-7.4%

$(225.97)

IN

$2,041.12

$1,915.77

-6.1%

$(125.35)

KS

$2,158.71

$2,027.15

-6.1%

$(131.56)

MO

$2,173.64

$2,081.56

-4.2%

$(92.07)

IL

$2,177.62

$2,093.56

-3.9%

$(84.06)

CO

$2,447.62

$2,365.93

-3.3%

$(81.69)

OH

$1,925.45

$1,884.41

-2.1%

$(41.03)

ME

$1,447.75

$1,433.81

-1.0%

$(13.94)

Complete breakdown by state:

State

2003

2004

% Difference

Dollar Change

AL

$1,772.48

$1,908.74

7.7%

$136.26

AR

$1,928.25

$2,188.55

13.5%

$260.30

AZ

$2,410.17

$2,473.20

2.6%

$63.03

CA

$2,122.00

$2,243.08

5.7%

$121.07

CO

$2,447.62

$2,365.93

-3.3%

$(81.69)

CT

$2,331.37

$2,578.42

10.6%

$247.04

DC

$2,290.17

$2,366.66

3.3%

$76.49

DE

$1,994.38

$2,073.66

4.0%

$79.28

FL

$2,238.79

$2,477.01

10.6%

$238.21

GA

$2,010.22

$2,131.47

6.0%

$121.25

IA

$1,492.17

$1,536.80

3.0%

$44.63

ID

$1,553.92

$1,678.68

8.0%

$124.76

IL

$2,177.62

$2,093.56

-3.9%

$(84.06)

IN

$2,041.12

$1,915.77

-6.1%

$(125.35)

KS

$2,158.71

$2,027.15

-6.1%

$(131.56)

KY

$2,389.38

$2,483.06

3.9%

$93.68

LA

$2,677.71

$3,256.29

21.6%

$578.58

MD

$2,539.79

$2,757.83

8.6%

$218.04

ME

$1,447.75

$1,433.81

-1.0%

$(13.94)

MI

$2,556.89

$2,562.48

0.2%

$5.59

MN

$2,223.01

$2,326.08

4.6%

$103.07

MO

$2,173.64

$2,081.56

-4.2%

$(92.07)

MS

$2,088.66

$2,230.17

6.8%

$141.51

MT

$1,627.92

$1,834.27

12.7%

$206.36

NC

$1,349.66

$1,222.22

-9.4%

$(127.43)

ND

$1,684.24

$1,783.28

5.9%

$99.04

NE

$1,680.72

$1,745.47

3.9%

$64.75

NH

$2,589.63

$2,228.85

-13.9%

$(360.78)

NM

$1,999.47

$2,138.48

7.0%

$139.01

NV

$2,275.38

$2,577.66

13.3%

$302.28

NY

$3,286.70

$3,292.11

0.2%

$5.41

OH

$1,925.45

$1,884.41

-2.1%

$(41.03)

OK

$2,063.77

$2,202.70

6.7%

$138.94

OR

$1,738.63

$1,807.54

4.0%

$68.91

PA

$2,607.86

$2,760.26

5.8%

$152.41

RI

$3,036.70

$2,810.74

-7.4%

$(225.97)

SC

$1,659.34

$1,930.81

16.4%

$271.47

SD

$1,737.15

$1,742.11

0.3%

$4.95

TN

$1,811.24

$1,869.48

3.2%

$58.23

TX

$2,569.54

$2,625.37

2.2%

$55.82

UT

$1,709.98

$1,811.16

5.9%

$101.18

VA

$1,637.48

$1,801.15

10.0%

$163.67

VT

$1,492.60

$1,608.75

7.8%

$116.15

WA

$2,121.07

$2,179.79

2.8%

$58.72

WI

$1,815.58

$1,806.67

-0.5%

$(8.91)

WV

$2,456.90

$2,574.39

4.8%

$117.50

WY

$1,868.74

$2,096.09

12.2%

$227.35

*Note: This report is a broad indicator of pricing activity in the personal auto insurance marketplace. It is not a comprehensive index as it reflects only the pricing activity of carriers that have participated in the ComparisonMarket auto insurance marketplace and the aggregate profile of consumers who shop at ComparisonMarket.